A pair of recent U.S. Supreme Court cases regarding college admissions standards has potentially wide-ranging implications for all nonprofit organizations that use race as a consideration in their programs. In Students for...more
8/1/2023
/ 501(c)(3) ,
Affirmative Action ,
Charitable Organizations ,
Civil Rights Act ,
College Admissions ,
Diversity ,
Equal Protection ,
First Amendment ,
Fourteenth Amendment ,
Grants ,
Race Discrimination ,
Risk Management ,
SCOTUS ,
Students for Fair Admissions v Harvard College ,
Students for Fair Admissions v University of North Carolina ,
Title IV
The tension between preserving charitable assets for the future and spending them currently to address critical needs has perhaps never been greater. Both operating charities that make annual appropriations from their...more
Like all sectors of the economy, charities are facing unprecedented times right now due to the coronavirus. Demand for their services are surging, while at the same time, many have had to cancel their spring fundraising...more
In the face of the COVID-19 pandemic, many charitable organizations are asking how they can participate in relief efforts while complying with the requirements of their IRC Section 501(c)(3) status and with state charities...more
Anyone who has ever given to a charity is familiar with the contribution receipt: it thanks the donor for the contribution, indicates the dollar amount of the gift and states that the charity did not provide any goods or...more
The IRS has formally confirmed that private foundations may make investments that further their charitable purposes even when those investments do not qualify as permitted program-related investments (“PRIs”) under the...more